In my opinion is very good blend between realism and gameplay. Of course it can be improved, as anything can, but the starforge is pretty amazing in generating "beliavable" systems.
Also, regarding me, the game made my curiosity about real astrophysics grow. Beeing aware that Elite is sci-fi, no other game made me go to read wikipedia or buy divulgative books like this one. I'm evening seriously thinking to transform this amateur passion in academic studies.
So elite galaxy is not "realistic", but "beliavable" fro a sci-fi point of wiev.
Expecially distances and proportions, realistc or not, are mindblowing like the real thing. Many other games try to cage you in 100 hand design systems with exploding planets that are only eye candy backgrounds. So i ubuy Elite galaxy very happily.
That 1+
I have telescope and know my way around, sorta... . It's a nice hobby which pairs really good with this game.